Liberty Global plc (NASDAQ:LBTYK) has seen 0.28 million shares traded in the recent trading session. The company, currently valued at $8.80B, closed the recent trade at $18.41 per share which meant it lost -$0.16 on the day or -0.89% during that session. The LBTYK stock price is -65.62% off its 52-week high price of $30.49 and -0.87% below the 52-week low of $18.57. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.15 million shares traded. The 3-month trading volume is 1.98 million shares.
Liberty Global plc (NASDAQ:LBTYK) trade information
Sporting -0.89% in the red today, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 09/20/22 when the LBTYK stock price touched $18.41 or saw a rise of 8.68%. Year-to-date, Liberty Global plc shares have moved -33.89%, while the 5-day performance has seen it change -7.70%. Over the past 30 days, the shares of Liberty Global plc (NASDAQ:LBTYK) have changed -16.31%. Short interest in the company has seen 9.14 million shares shorted with days to cover at 5.74.
Liberty Global plc (LBTYK) estimates and forecasts
The company’s shares have lost -28.19% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -30.70%.
0 analysts offering their estimates for the company have set an average revenue estimate of $1.85 billion for the current quarter. 0 have an estimated revenue figure of $1.75 billion for the next quarter concluding in Jun 2022. Year-ago sales stood $3.62 billion and $3.11 billion respectively for this quarter and the next, and analysts expect sales will shrink by -48.70% for the current quarter and -43.50% for the next.
Liberty Global plc is expected to release its next earnings report on November 04 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Liberty Global plc (NASDAQ:LBTYK)’s Major holders
Insiders own 7.11% of the company shares, while shares held by institutions stand at 83.28% with a share float percentage of 89.65%. Investors are also buoyed by the number of investors in a company, with Liberty Global plc having a total of 521 institutions that hold shares in the company. The top two institutional holders are Baupost Group, Inc,.(The) LLC with over 48.42 million shares worth more than $888.26 million. As of Jun 29, 2022, Baupost Group, Inc,.(The) LLC held 16.22% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 13.23 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $242.78 million and represent 4.43% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Dodge & Cox International Stock Fund and Artisan International Value Fund. As of Jun 29, 2022, the former fund manager holds about 3.70% shares in the company for having 11.04 million shares of worth $202.53 million while later fund manager owns 6.77 million shares of worth $124.22 million as of Jun 29, 2022, which makes it owner of about 2.27% of company’s outstanding stock.